Local News
PM Confirms Attendance At Caricom Summit In St Kitts
Prime Minister Kamla Persad-Bissessar has confirmed that she will travel to Basseterre, St Kitts and Nevis, on Monday evening to attend the 50th Regular Meeting of the Conference of Heads of Government of Caribbean Community (Caricom)—marking her first face-to-face engagement with regional leaders since assuming office for a second term.
French Ambassador Seeks To Deepen Economic Cooperation With T&T
France’s Ambassador to Trinidad and Tobago, Guillaume Pierre, has outlined an ambitious agenda to expand French investment in this country, with energy, infrastructure, logistics, and advanced technology at the centre of the bilateral relationship.
Hopeful On Working With Guyana, Suriname
Energy Minister Dr Roodal Moonilal said yesterday he has engaged in several meetings with global energy giants ExxonMobil and Chevron at the Guyana Energy Conference.
All Gas Agreements With T&T Should Be Renegotiated
If T&T does negotiate new energy contracts with Venezuela, both countries would have to get rid of the previous contracts that were signed and negotiate new ones that would benefit Venezuela and not only T&T.
AMCHAM Congratulates Govt: Positive Step For Economy
The American Chamber of Commerce of Trinidad and Tobago (AMCHAM T&T) expects Trinidad and Tobago’s removal from the European Union’s blacklist to have many benefits and yesterday congratulated the Government on this development.
Stocks Rise As AI Jitters Ease; Gold Rebounds
US stock futures rose as dip-buyers stepped in after a spell in which concerns over artificial intelligence drove sharp swings in equity markets.
PoS Vendors Complain Of Low Alcohol Sales
Street bar operators in Downtown Port of Spain say a change to the Carnival Monday parade route left them facing sharply reduced sales, with some reporting earnings less than half of what they made last year.
T&T: Staff Concluding Statement Of The 2026 Article IV Mission
An International Monetary Fund (IMF) staff team, led by Ana Guscina, visited Port of Spain and Scarborough during January 27–February 9, 2026, and held discussions on the 2026 Article IV consultation with Trinidad and Tobago’s authorities.
T&T Removed From EU Tax Blacklist
Trinidad and Tobago is no longer blacklisted by the European Union for non-cooperative tax practices. The EU’s list of non-cooperative jurisdictions for tax purposes is part of the bloc’s ongoing efforts to combat tax evasion and avoidance.
Regional News
Public-Private Partnerships Seen As Critical To Sustaining Guyana’s Economic Growth
Public-private partnerships (PPPs) are increasingly being viewed as a central pillar in Guyana’s economic transformation, with government and private sector leaders pointing to collaboration as essential for sustaining growth and expanding opportunities across multiple industries.
ExxonMobil Eyes Approval For Second Offshore Gas Project As Guyana Expands Energy Ambitions
ExxonMobil Guyana Limited is preparing to seek environmental approval for a second offshore natural gas project, a move that could significantly broaden Guyana’s energy sector and lay the groundwork for major industrial development, particularly in Berbice.
Small States Can Meet Highest Standards
The St Lucia government yesterday said it had reaffirmed the country’s full compliance with the European Union (EU) tax good-governance standards, underscoring a reform process that has strengthened transparency, modernised the tax framework, and reinforced St Lucia’s standing as a responsible and cooperative international financial jurisdiction.
Guyana Eyes Plans For Two Regional Airports
The Guyana government has issued a request for proposals (RFP) for the design, construction, and financing of two new municipal airports that it says forms part of the drive to modernise the country’s aviation infrastructure and boost regional connectivity.
Toll Suspension Costs TJH US$3.5M But Revenue And Profit Still Top Forecast
TransJamaican Highway Limited (TJH) reported lost revenues of an estimated US$3.5 million after the Government temporarily lifted toll barriers ahead of Hurricane Melissa in October, according to its recently released unaudited financial statements, but the disruption was not enough to knock the highway operator off course.
Agostini Gets Green Light For Massy Ja Acquisition
Trinidad-based Agostini Limited is set to close its acquisition of Massy Distribution (Jamaica) Limited within days after securing a non-objection from the Fair Trading Commission (FTC), clearing a regulatory hurdle that had stalled the deal over insulin market concentration concerns.
Jamaica: New Taxes Ahead
For the first time in almost a decade, new taxes are likely to return to Jamaica’s budget — a step economist Dr Damien King says reflects fiscal realism after Hurricane Melissa, not a retreat from discipline.
Uber Still Operating In St Lucia
THE St Lucia government says the American multinational transportation company, Uber, is continuing to operate on the island, despite two official warnings being sent to it to cease its illegal operations there.
Wisynco Earnings Jump
When Hurricane Melissa tore through western Jamaica in late October, closing hotels, disrupting logistics and knocking out utilities, it put Wisynco Group Limited’s long-running expansion strategy to a real-world test.
International News
Walmart Delivers Another Quarter Of Impressive Sales But Offers A Muted Outlook
Walmart delivered another standout quarter as the promise of lower prices drew in a broader spectrum of Americans during the critical holiday shopping period, including wealthier households.
Deere Lifts Full-Year Profit Forecast On Construction, Sales Recovery; Shares Up
Farm-machinery maker Deere & Co raised its annual profit forecast on Thursday citing a rebound in its construction and small agriculture businesses and cost cuts that mitigated weak equipment demand, sending its shares up 4.7% before the bell.
Oil Extends Biggest Jump Since October On Iran Conflict Concerns
Oil extended its biggest daily gain since October, on concerns that the US and Iran are inching closer to a fresh conflict.
Stocks Retreat As Brent Pushes Further Above $70
A rebound in US stocks faded as concerns about a possible conflict between the US and Iran sapped risk sentiment. Oil extended a rally.
Uber To Invest Over $100 Million In Autonomous Vehicle Charging Amid Robotaxi Push
Uber Technologies said on Wednesday it would invest more than $100 million to develop autonomous vehicle charging hubs, underscoring the ride-hailing company’s latest push to scale up self-driving operations.
Japan, US Reach $36 Billion Of Gas, Mineral Deals In Trump Pact
Japan plans to invest up to $36 billion in US oil, gas and critical mineral projects, the first tranche of its $550 billion commitment under the trade agreement it struck with President Donald Trump.
Gold And Silver Regain Ground Ahead Of Fed Minutes Release
Gold advanced back above $4,900 an ounce as dip-buyers snapped up the metal after a two-day drop, with traders looking ahead to the release of minutes from the Federal Reserve’s recent meeting.
Cisco Posts Quarterly Gross Margin Below Estimates
Cisco Systems (CSCO) posted quarterly adjusted gross margin below market estimates on Wednesday, as the networking equipment provider grapples with the fallout of a global memory price increase, sending its shares down 7% in premarket trading on Thursday.
Oil Slips As Prices Remain Gripped By Iranian Output Risks
Oil flipped between small gains and losses as traders focused on tensions between the US and Iran that have overshadowed signs of swelling supplies.
Reports
US Rate Watch JAN 2026
On Jan 28, 2026, the Federal Open Market Committee (FOMC) voted to maintain the target range for the federal funds rate at 3.50% – 3.75%. This decision was in line with expectations and was supported by steady growth, signs of stabilization in the unemployment rate, and persistent inflation.
Local Equity Report Jan2026
Domestically, real GDP grew by 3.1% in Q2 2025, following a 7.6% contraction in Q1, as higher energy production partially offset sluggish non energy sector activity. Inflation remained low, 0.5% in November, but was up from 0.4% in October. Private sector credit growth slowed to 6.3% year-on-year in October, and consumer lending moderated to 8.0%. Labour market conditions improved, with unemployment falling to 3.8% in June 2025.
November 2025-Economic Outlook
November 2025-Earnings Update
Economic Outlook – OCT2025
Global GDP growth has improved relative to earlier forecasts, reflecting the gradual easing of trade tensions and resilience.
Earnings Update – OCT2025
During October, Guardian Holdings Limited boasted of a 114% lift in after tax profit, owing to the gain on sale of its stake in Thoma Exploitatie B.V. Excluding this, however, underlying profit grew by 7%, or 43 million thanks to a 34% rise in insurance service results.
US Rate Watch OCT 2025
On October 29, 2025, the Federal Open Market Committee (FOMC) decided to lower the target range for the federal funds rate to 3.75% – 4.00 % from 4.00% – 4.25%. This decision was supported by a moderation in economic activity, a softer labor market, and elevated inflation.
Economic Outlook – September 30th 2025
Earnings Update – September 30th, 2025
